Thursday, September 5, 2013

Rupee opens at 66.06 against US dollar, US data awaited

The rupee opened flat on Friday with traders expecting marginal gains during the session on the back of measures taken by the new Reserve Bank of India governor Raghuram Rajan on Wednesday, but sentiment was wary ahead of the US non-farm payrolls data in the evening.

The partially convertible rupee was at 65.90/91 per dollar at 09:04am after opening at 66 versus its close of 66.01/02 on Thursday.

Traders will watch the domestic share market for cues on foreign fund flows during the day. Shares are up 0.7% in the offshore futures market.

 anand

pgdm

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